NWFL

This article first appeared on GuruFocus. Net Interest Income: $24,600,000, an increase of 38% compared with Q1 2025. Net Interest Margin: Expanded by 38 basis points to 3.68%. Net Income: Increased by 35% on an adjusted basis. Earnings Per Share: Improved by 14% on an adjusted basis. Merger Charges: Approximately $5 million in the quarter. Coverage Ratio: 1.09%, up from 1.07% at year-end. Adjusted Pre-Provision Net Revenue: Up about 11% on a linked-quarter basis. Noninterest Income: Increased due to higher service charges and debit card income. Loan Growth: Approximately $46 million or 8.4% annualized since January 5. Deposit Growth: About $70 million or $11.6 million annualized since January 5. Warning! GuruFocus has detected 3 Warning Sign with NWFL. Is NWFL fairly valued? Test your thesis with our free DCF calculator. Release Date: April 27, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Norwood Financial Corp (NASDAQ:NWFL) reported a record net interest income of $24.6 million, marking a 38% increase compared to the first quarter of 2025. The integration of Presence Bank has been progressing well, with successful unification of IT and HR systems, contributing to increased assets and geographic presence. The company achieved a 35% increase in net income and a 14% rise in earnings per share on an adjusted basis. Norwood Financial Corp (NASDAQ:NWFL) is implementing AI and machine learning to enhance operational efficiency, particularly in the commercial credit system. The company has seen impressive loan and deposit growth, with loans growing approximately $46 million and deposits increasing by about $70 million since January 5. Norwood Financial Corp (NASDAQ:NWFL) incurred about $5 million in merger charges during the quarter, impacting GAAP results. Operating expenses have increased, particularly due to technology investments, which may affect short-term profitability. The coverage ratio slightly increased to 1.09% from 1.07% at year-end, indicating a rise in provisions. Non-performing assets were largely attributed to the commercial side, with no significant contribution from the Presence Bank acquisition. The company faces competitive pressure in deposit pricing, particularly in new markets, which could impact future margins. Q: Can you provide details on the tech-related operating expenses thi...

Record net interest income: Norwood reported first-quarter net interest income of $24.6 million, up 38% year‑over‑year, with net interest margin up 38 bps to 3.68%, and management expects roughly $2.2 million of yield accretion in 2026. Presence Bank integration ahead of plan: Core IT/HR integration is complete, rebranding and system rollouts (including an AI‑enabled commercial credit system) are underway, and the deal has driven faster-than-expected accretion to shareholder value; since Jan. 5 loans grew about $46 million (8.4% annualized) and deposits about $70 million (11.6% annualized). Higher merger and tech costs but improved adjusted results: The quarter included roughly $5 million of merger charges and elevated technology spending (Abrigo and a new accounting system), yet adjusted pre‑provision net revenue rose about 11% sequentially, with management calling the current operating expense run rate "probably a pretty good run rate" near 15.8. Interested in Norwood Financial Corp.? Here are five stocks we like better. Norwood Financial (NASDAQ:NWFL) executives told investors the company opened 2026 with record net interest income and continued momentum from last year, while progressing through the integration of its recently acquired Presence Bank franchise. President and CEO Jim Donnelly said first-quarter net interest income reached a record $24.6 million, up 38% from the first quarter of 2025. Donnelly added that net interest margin expanded 38 basis points to 3.68%, calling it “a great quarter for the bank” as the company benefited from its repositioned bond portfolio and favorable interest-rate movements. → Pipelines and Automation: 2 Energy Plays Built for Any Oil Price Chief Financial Officer John McCaffery said net interest income increased $3.6 million on a linked-quarter basis, driven by higher interest-earning assets. He attributed margin improvement during the quarter to “a slight decline in deposit costs” and a 7 basis point increase in interest-earning asset yields. During Q&A, McCaffery said purchase accounting also contributed to results, noting the “total pre-tax impact of purchase accounting was 435,” which he said was “substantially margin related.” Looking ahead, he said total margin accretion from yield accretion is expected to be about $2.2 million for 2026, falling to roughly $2.0 million in 2027. → Homebuilder Earnings: D.R. Hort...

Achieved record net interest income of 24.6 million, a 38% year-over-year increase driven by the Presence Bank acquisition and a repositioned bond portfolio. Net interest margin expanded by 38 basis points to 3.68%, benefiting from favorable interest rate movements and proactive balance sheet management. Successfully completed core IT and HR system integrations following the Presence Bank acquisition, with all locations now transitioning to a unified brand. Implemented a new commercial credit system utilizing embedded AI and machine learning to automate documentation and accelerate deal flow productivity. Attributed strong loan and deposit growth to maintaining customer focus during complex integration activities, with annualized loan growth reaching 8.4%. Realized strategic and financial benefits from the recent acquisition more quickly than originally projected, leading to expectations for accelerated shareholder value accretion. Management anticipates tangible book value payback to occur more quickly than planned due to high-quality credit metrics and favorable interest rate trends. Net interest margin is projected to expand by approximately 3 to 5 basis points over the next few quarters as higher-yielding loans replace maturing assets. Operating expenses are expected to stabilize between 15.08 million and 16.1 million per quarter as one-time merger costs subside and tech-driven efficiencies take hold. The company's 2026 strategic priorities focus on completing the Presence Bank integration, increasing operating efficiency through AI, and strengthening the talent pool to enhance shareholder value. Yield accretion from purchase accounting is scheduled to contribute approximately 2.2 million to margin in 2026, tapering to 2 million in 2027. Incurred approximately 5 million in merger-related charges during the first quarter, impacting GAAP results but excluded from adjusted performance metrics. Provision for credit losses increased due to the integration of the Presence Bank portfolio and annual updates to historical factors in the risk model. Adopted early ASU 2025-8 to avoid a CECL 'double count' on acquired non-purchased credit deteriorated (non-PCD) loans. Nonperforming loans increased to approximately 11 million, which management attributed to granular commercial portfolio movements rather than the new acquisition. Our analysts just identified a stock w...

Image source: The Motley Fool. Monday, April 27, 2026, at 10:30 a.m. ET President & Chief Executive Officer — James Donnelly Executive Vice President & Chief Financial Officer — John McCaffery Need a quote from a Motley Fool analyst? Email [email protected] James Donnelly: Good morning, everyone. We began 2026 with strong performance, extending the momentum we began to build last year. This was the first quarter that included results from the Presence Bank acquisition, increasing our assets, loan portfolio, geographic presence, and earnings power. I am proud of our team’s ability to focus on our mission to make every day better by serving our customers and communities while making significant progress on our integration activities. Net interest income was a record 24.6 million, an increase of 38% compared with 2025. Net interest margin expanded by 38 basis points to 3.68%. It was a great quarter for the bank as we benefited from our repositioned bond portfolio and favorable interest rate movement. Net income and earnings per share increased 35% and 14%, respectively, on an adjusted basis, with higher adjusted returns on average assets and tangible equity. I am pleased with our first-quarter performance and remain optimistic that 2026 will be a great year for the bank. During our fourth quarter earnings call, I introduced our 2026 strategic priorities. I would like to provide you with an update on these. The first priority is to successfully complete the Presence Bank integration. I am pleased to report that we are on plan with these activities. Our plans include driving uniform systems and operating practices across the new combined entity, uniting the acquired businesses and branches under our new brand, and engaging in open conversations across our locations and functions to identify and adopt best-in-class policies that will enable us to better serve our communities while improving our results. Among our early accomplishments is the completion of our core integration and unifying our IT and HR systems. We have also begun the work of unifying all acquired locations under our brand, including signage, logos, and other branded materials to drive consistency and unity across our organization. The integration requires a lot of planning, organization, and execution across sites and functions to complete. While we have been actively integrating the systems, we have no...

Quarterly Highlights: Successfully closed acquisition of Presence Bancshares. Completed core system conversion April 13, 2026. Total assets $2.9 billion. Record Net Interest Income of $24.6 million. Tangible Book Value per share $22.43. HONESDALE, Pa., April 27, 2026 (GLOBE NEWSWIRE) -- Norwood Financial Corp (the “Company”) (Nasdaq Global Market-NWFL) the holding company of Wayne Bank, announced results for the first quarter ended March 31, 2026. Jim Donnelly, President and Chief Executive Officer, stated, “We are pleased to announce our first quarter results as they reflect the underlying strength of our franchise and the progress we are making in a challenging operating environment. On an adjusted basis, we delivered solid pre-provision net revenue growth, expanded our net interest spread and margin, and improved returns on both assets and tangible equity year over year. While reported results were impacted by merger-related and restructuring expenses this quarter, we remain focused on disciplined execution, expense management, and long-term value creation for our shareholders, especially with the strength of our recently integrated teams.” Discussion of financial results for the three months ended March 31, 2026 (all comparison year-Q1 2026 to Q1 2025, unless otherwise noted): Net income of $3.7 million, a decrease of $2.0 million. Net interest income increased mostly due to the addition of the Presence Bancshares balance sheet on January 5, 2026. Net interest margin (NIM) was 3.68% compared to 3.30%. On a linked quarter basis the NIM increased 8 basis points from 3.60%. Non-interest income increased $204 thousand on a linked quarter basis. Total assets were $2.917 billion, compared to $2.376 billion, an increase of 22.8%. Loans receivable were $2.238 billion, compared to $1.771 billion, an increase of 26.4%. Total deposits were $2.507 billion, compared to $2.004 billion, an increase of 25.1%. Tangible Common Equity as a percent of Tangible Assets was 8.49%, versus 8.15%. Tangible Book Value (TBV) per share was $22.43 compared to $20.66 an increase of $1.77. TBV per share decreased $0.47 or 2.1% on a linked quarter basis due to the acquisition of PB Bancshares (see below), payment of our common dividend, and a decrease in the value of our available-for-sale portfolio as reflected in Other Comprehensive Income (OCI). Discussion of Merger and Purchase Acco...

Norwood Financial Corp. (NWFL) came out with quarterly earnings of $0.72 per share, missing the Zacks Consensus Estimate of $0.81 per share. This compares to earnings of $0.63 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -11.11%. A quarter ago, it was expected that this company would post earnings of $0.85 per share when it actually produced earnings of $0.84, delivering a surprise of -1.18%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. Norwood Financial, which belongs to the Zacks Banks - Northeast industry, posted revenues of $27.27 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 1.00%. This compares to year-ago revenues of $20.21 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Norwood Financial shares have added about 10% since the beginning of the year versus the S&P 500's gain of 4.7%. While Norwood Financial has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Norwood Financial was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks...

This article first appeared on GuruFocus. Norwood Financial Corp (NASDAQ:NWFL) is set to release its Q1 2026 earnings on April 27, 2026. The consensus estimate for Q1 2026 revenue is $0.03 billion, and the earnings are expected to come in at $0.48 per share. The full year 2026's revenue is expected to be $0.11 billion, and the earnings are expected to be $3.17 per share. More detailed estimate data can be found on the Forecast page. Warning! GuruFocus has detected 4 Warning Sign with AVBH. Is NWFL fairly valued? Test your thesis with our free DCF calculator. Over the past 90 days, revenue estimates for Norwood Financial Corp (NASDAQ:NWFL) have declined from $0.11 billion to $0.11 billion for the full year 2026. Meanwhile, revenue estimates have increased from $0.12 billion to $0.12 billion for 2027. Earnings estimates have increased from $3.05 per share to $3.17 per share for the full year 2026 and from $3.62 per share to $3.68 per share for 2027. In the previous quarter ending December 31, 2025, Norwood Financial Corp's (NASDAQ:NWFL) actual revenue was $0.02 billion, which missed analysts' revenue expectations of $0.02 billion by -0.19%. Norwood Financial Corp's (NASDAQ:NWFL) actual earnings were $0.80 per share, which missed analysts' earnings expectations of $0.85 per share by -5.33%. After releasing the results, Norwood Financial Corp (NASDAQ:NWFL) was down by -2% in one day. Based on the one-year price targets offered by 2 analysts, the average target price for Norwood Financial Corp (NASDAQ:NWFL) is $33.50 with a high estimate of $34.00 and a low estimate of $33.00. The average target implies an upside of 8.80% from the current price of $30.79. Based on GuruFocus estimates, the estimated GF Value for Norwood Financial Corp (NASDAQ:NWFL) in one year is $40.22, suggesting an upside of 30.63% from the current price of $30.79. Based on the consensus recommendation from 2 brokerage firms, Norwood Financial Corp's (NASDAQ:NWFL) average brokerage recommendation is currently 2.5, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

Financial Institutions (FISI) came out with quarterly earnings of $1.04 per share, beating the Zacks Consensus Estimate of $0.92 per share. This compares to earnings of $0.81 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +13.04%. A quarter ago, it was expected that this holding company for Five Star Bank would post earnings of $0.95 per share when it actually produced earnings of $0.96, delivering a surprise of +1.05%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Financial Institutions, which belongs to the Zacks Banks - Northeast industry, posted revenues of $62.67 million for the quarter ended March 2026, missing the Zacks Consensus Estimate by 0.17%. This compares to year-ago revenues of $57.24 million. The company has topped consensus revenue estimates just once over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Financial Institutions shares have added about 9.6% since the beginning of the year versus the S&P 500's gain of 4.3%. While Financial Institutions has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Financial Institutions was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near futur...

HONESDALE, Pa., April 08, 2026 (GLOBE NEWSWIRE) -- Norwood Financial Corp (Nasdaq Global Market-NWFL) and its subsidiary, Wayne Bank, will release its first quarter 2026 financial results before market opens on Monday, April 27, 2026. On the same day, the Company will host a webcast and conference call at 10:30 a.m. ET to discuss the financial results. To participate in the live call, you may register using this link: https://register-conf.media-server.com/register/BI535f18c0468d4d328c38de455785566a. Upon registering, dial-in info and a unique pin to join the call will be provided, as well as an email confirmation with details. A slide presentation will simultaneously be available for download on the Investor Relations website at ir.wayne.bank. A replay of the event, as well as a transcript, can be accessed after the call at the above link. About Norwood Financial Corp Norwood Financial Corp, through its subsidiary, Wayne Bank operates 33 Community Offices serving Wayne, Pike, Monroe, Lackawanna, Luzerne, Chester, Cumberland, and Lancaster Counties in Pennsylvania, along with Delaware, Sullivan, Otsego, Ontario, and Yates Counties in New York. The Company has total assets of $2.9 billion. The Company’s stock is traded on the Nasdaq Global Market under the symbol “NWFL”. For more information, visit wayne.bank.

Strong year-end momentum: Norwood expanded net interest spread by 62 basis points and grew net interest income 62% year-over-year, with adjusted net income and EPS more than doubling after a December 2024 portfolio repositioning and loan/deposit growth. Presence Bank acquisition closed: The Jan. 5, 2026 closing boosts Norwood’s assets by about 20% and adds four Pennsylvania branches, making systems unification, rebranding and a careful integration the top strategic priority for 2026. Efficiency and integration focus: Management plans to deploy AI to speed underwriting (credit narratives, financial summaries) and expects roughly $520,000 in merger charges and modestly higher expenses during integration while maintaining a capital-allocation strategy that includes a reliable, growing dividend. Interested in Norwood Financial Corp.? Here are five stocks we like better. Norwood Financial (NASDAQ:NWFL) executives used the company’s fourth-quarter 2025 earnings call to highlight improved profitability following a late-2024 balance sheet repositioning and to outline integration plans after closing the Presence Bank acquisition early in 2026. Chief Executive Officer Jim Donnelly said the company “ended 2025 on a positive note and with good momentum,” pointing to higher net interest income and improved profitability metrics. Donnelly said Norwood expanded its net interest spread by 62 basis points and increased net interest income by 62% compared with the fourth quarter of 2024. He added that net income and earnings per share more than doubled on an adjusted basis, while returns on average assets and tangible equity also improved. → Lemonade’s Tesla Deal Could Rewrite How Auto Insurance Is Priced Donnelly attributed the improvement to a portfolio repositioning completed in December 2024, along with “strong loan and deposit growth,” which he said resulted in a more robust balance sheet and “higher quality earnings.” Donnelly described the company’s “biggest achievement” in 2025 as announcing and preparing for the acquisition of Presence Bank, which closed on January 5. Presence Bank, a “nearly 106-year-old institution,” was described as sharing Norwood’s values and commitment to customer service. → Riot Platforms: A $311M AMD Deal Changes the HPC Game According to Donnelly, the transaction grew Norwood’s asset base by 20% and expanded its footprint with four branches...

This article first appeared on GuruFocus. Net Interest Spread: Expanded by 62 basis points. Net Interest Income: Increased by 62% compared to Q4 2024. Net Income and Earnings Per Share: More than doubled on an adjusted basis. Asset Base Growth: Increased by 20% due to the acquisition of Presence Bank. Branch Expansion: Added four branches in Southeast and South Central Pennsylvania. Merger Charges: $520,000 in the quarter. Quarterly Expenses: Up 1.5% year-over-year and 5% on a linked quarter basis. Nonperforming Loans: Decreased as a percentage of total loans. Reserves to Nonperforming Assets: Increased. Warning! GuruFocus has detected 5 Warning Sign with NWFL. Is NWFL fairly valued? Test your thesis with our free DCF calculator. Release Date: January 22, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Norwood Financial Corp (NASDAQ:NWFL) expanded its net interest spread by 62 basis points, resulting in a 62% increase in net interest income compared to the fourth quarter of 2024. Net income and earnings per share more than doubled on an adjusted basis, with improved returns on both average assets and tangible equity. The acquisition of Presence Bank, which closed in early 2026, increased Norwood Financial Corp's asset base by 20% and added four branches in Southeast and South Central Pennsylvania. The company is leveraging advanced AI tools from Presence Bank to enhance operational efficiency and customer experience, particularly in credit underwriting. Credit metrics improved year over year, with a decrease in nonperforming loans as a percentage of total loans and an increase in reserves to nonperforming assets. The net interest margin dropped by 3 basis points due to loan growth and seasonal outflow of municipal deposits. Quarterly expenses increased by 5% on a linked quarter basis, driven by lower loan volumes, vesting of restricted stock, and elevated incentive accruals. The company incurred $520,000 in merger charges during the quarter, impacting overall financial results. Unadjusted pre-provision net revenue decreased by 2% on a linked quarter basis due to higher expenses. There were no questions from analysts or investors during the earnings call, indicating potential lack of engagement or interest from the investment community. Q: Can you provide an overview of Norwood Financial Corp's perform...